By Benyamin Poghosyan, PhD, Chairman, Center for Political and Economic Strategic Studies

The four years of President Trump’s rule will most probably remain in the history of the United States as years of unprecedented turmoil. It started from Presidential executive orders to ban visas for several countries, continued with the tumultuous Russian investigation and impeachment process, almost permanent skirmishes with the key US allies, and ended up with an attack on the Capitol, suspension of the incumbent US President’s Twitter, Facebook and Instagram accounts, and the prospects of the second impeachment in the last days of the current administration. These extraordinary developments may force many to conclude that President Biden will make significant policy shifts in all major domestic and external issues. READ MORE

By Jack Sharples, PhD, Research Fellow of the Oxford Institute of Energy Studies and EGF Associate Researcher on the External Dimensions of Russian Gas

Gazprom Export launched its Electronic Sales Platform (ESP) in the context of an increasingly competitive European market. Sales volumes have grown, and have averaged 2 bcm per month since April 2019. As a result of this growth, the ESP is now a key part of Gazprom’s European sales strategy: It generates additional sales revenues, optimises Gazprom’s use of is physical export infrastructure, and provides a constant flow of valuable market data that informs Gazprom’s wider sales strategy. Sales are largely concentrated in four countries, while deliveries are split between Ukrainian and non-Ukrainian routes. ESP sales prices closely track European hub prices for comparable products, and the sales volumes show that Gazprom’s counterparties consider the ESP an attractive offering. The operation of the ESP highlights the crucial element of Gazprom’s European sales strategy: The importance of nuanced optimisation, as Gazprom seeks to maximise its sales volumes without placing excessive downward pressure on European hub prices that would impact revenues from its hub-indexed LTC portfolio. Overall, the ESP demonstrates how far Gazprom has evolved in the past decade, as it seeks to retain market share on an increasingly competitive European market. READ MORE

By Anna Ohanyan, PhD, non-resident senior scholar in the Russia and Eurasia Program of Carnegie

Reeling from a military defeat in a war with Turkey-backed Azerbaijan, can Armenia’s hard-won democracy withstand domestic political turmoil?
The recent agreement to cease hostilities in Nagorno-Karabakh has created a new status quo in the South Caucasus. Azerbaijan has recovered territories it lost in the 1990s when the conflict over the enclave first erupted, in the shadow of the Soviet collapse. A new modus vivendi between Russia and Turkey is shaping regional geopolitics. Once shaky authoritarian rule in Azerbaijan is now more deeply entrenched. It can also count on the support of Turkey, another increasingly authoritarian player in the neighbourhood. This stronger and deeper authoritarian presence in the region will place significant stress on nascent democracies in Georgia and Armenia for years to come. READ MORE

By Alan Whitehorn, Professor Emeritus in Political Science, The Royal Military College of Canada

There are number of potential stress points in the ceasefire agreement signed by Russia, Azerbaijan and Armenia, but also agreed to by the president of Nagorno Karabakh on November 9th, 2020. It is a document that was signed under the duress of rapidly deteriorating war conditions for Armenians. Few within Armenia were consulted apart from some senior military leaders. It has not been ratified by the Armenian Parliament. Public disapproval has been extensive READ MORE.

By Nika Chitadze, PhD, Professor at the International University of the Black Sea, Tbilisi

As it is well known from recent media reports, a new political crisis has emerged in Georgia after the October 31, 2020 parliamentary elections. The main reason for this crisis is the fact that the opposition parties have claimed that the Central Election Commission and the ruling party “Georgian Dream” have falsified the election results and have usurped the power. The National Democratic Institute and the American Republican Institute have expressed their critical views in this regard. A relatively soft position was stated by the OSCE Office for Democracy and Human Rights and the Council of Europe. READ MORE

By Eugene Kogan, Tbilisi-based defence and security expert

Established in 2009, the United States-Georgia Charter on Strategic Partnership is based on four core pillars: Defense and Security Cooperation; Economic, Trade and Energy Cooperation; Strengthening Democracy; and Increasing People-to-People and Cultural Exchanges. As part of these two countries’ defence and security cooperation, the US provides financial support to the Georgian military, support for Georgia’s territorial defence and sovereignty, and, ultimately, for Georgia’s procurement of US defensive weapons. READ MORE